Carrier Global (CARR) Operating Expenses (2019 - 2026)
Carrier Global (CARR) posted quarterly Operating Expenses of $5.6 billion for Q2 2026, up 4.95% year-over-year from $5.3 billion in Q2 2025, and up 9.41% quarter-over-quarter from $5.1 billion in Q1 2026.
Carrier Global (CARR) Operating Expenses (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported Operating Expenses for 8 consecutive years, with $5.6 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 4.95% year-over-year to $5.6 billion; the TTM figure through Jun 2026 stood at $20.5 billion (up 2.64% YoY), while the FY2025 annual figure was $19.8 billion, down 2.69% from the prior year.
- Operating Expenses grew to $5.6 billion in Q2 2026 per CARR's latest filing, from $5.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $5.6 billion in Q2 2026 and bottomed at $2.1 billion in Q4 2022.
- Historically, Operating Expenses has averaged $4.7 billion across 5 years, with a median of $4.8 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 56.41% — and 2023, when it soared 98.15%.
- Carrier Global's Operating Expenses stood at $2.1 billion in 2022, then soared by 98.15% to $4.1 billion in 2023, then gained by 17.06% to $4.8 billion in 2024, then rose by 0.29% to $4.8 billion in 2025, then increased by 16.68% to $5.6 billion in 2026.
- Business Quant data shows CARR's Operating Expenses at $5.6 billion in Q2 2026, $5.1 billion in Q1 2026, and $4.8 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 1.04 Bn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 1.49 Bn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 5.58 Bn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 397.00 Mn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 210.70 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 183.10 Mn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 311.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 130.82 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 15.80 Mn |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 93.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.58 Bn |
| Mar 31, 2026 | 5.10 Bn |
| Dec 31, 2025 | 4.78 Bn |
| Sep 30, 2025 | 5.08 Bn |
| Jun 30, 2025 | 5.32 Bn |
| Mar 31, 2025 | 4.66 Bn |
| Dec 31, 2024 | 4.77 Bn |
| Sep 30, 2024 | 5.28 Bn |
| Jun 30, 2024 | 5.31 Bn |
| Mar 31, 2024 | 5.03 Bn |
| Dec 31, 2023 | 4.07 Bn |
| Sep 30, 2023 | 4.24 Bn |
| Jun 30, 2023 | 5.17 Bn |
| Mar 31, 2023 | 4.76 Bn |
| Dec 31, 2022 | 2.06 Bn |
| Sep 30, 2022 | 4.74 Bn |
| Jun 30, 2022 | 4.50 Bn |
| Mar 31, 2022 | 4.09 Bn |
| Dec 31, 2021 | 4.72 Bn |
| Sep 30, 2021 | 4.61 Bn |